57 Ogden Avenue, Smiths Falls, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of 901 - Smiths Falls. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $424,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 40 x 142 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
Turnkey Victorian Duplex in the heart of Smiths Falls with a 6.7% Cap Rate! The main floor unit will be vacant on closing, giving you the ultimate flexibility. Either move in and enjoy your own space while the upper rental income offsets the mortgage OR choose your own tenant and maximize rental income. The beautifully updated main floor unit has a projected rental income of $1,400/month and features 1 bedroom, 1 bath, a fully renovated kitchen with high-end cabinetry, newly renovated bathroom, separate laundry room and exclusive access to the basement and garage. The upper unit is currently rented for $1,800/month plus hydro. This spacious unit is accessed through the main entrance with private access to a front porch, separate laundry, 3 bedrooms including the third floor loft, renovated 4pc bath, second floor rear balcony, fully fenced yard, and dedicated use of the storage shed. With separate hydro meters, low annual operating costs (less than $9,500/year) , this is a low-maintenance, high-return asset. Other highlights include a double-wide paved driveway with parking for 6 vehicles plus the garage, established garden beds, a lovely fully fenced backyard with mature trees, and unbeatable walkability to the arena, hospital, shopping, restaurants, newly renovated library, and more. Whether you're a savvy investor or a buyer looking to house hack in style, this charming and income-producing property is a rare find in a prime location. Operating expenses, pre-list home inspection, current lease agreement and upgrades list available upon request. Call to book your showing today!
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Property Summary
This duplex located at 57 Ogden Avenue, Smiths Falls is currently for sale and has been available on SousaSells for 382 days. This property is listed at $424,900 with an estimated mortgage of $1,414* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 57 Ogden Avenue, Smiths Falls is in the 901 - Smiths Falls neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Hospital, Level, Library, School, School Bus Route
Interior Features
Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter, Sump Pump
Security Features
Smoke Detector, Carbon Monoxide Detectors
Community Features
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Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 57 Ogden Avenue, Smiths Falls, ON K7A 2L9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Smiths Falls, ON
For a property listed at $424,900 in Smiths Falls, the legal minimum down payment is $21,245 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,973 for this transaction. As this listing is in Smiths Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,973.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.